Norwegian Air Shuttle ASA Enhances Fleet with New Engine Purchase

Norwegian Air Shuttle ASA ( (GB:0FGH) ) has issued an announcement.

Norwegian Air Shuttle ASA has agreed to purchase 11 LEAP-1B spare engines from CFM International to support its Boeing 737 MAX fleet. This strategic move aligns with Norwegian’s long-term fleet strategy, enhancing operational resilience and sustainability by improving efficiency and reducing emissions. The engines are scheduled for delivery in 2027 and 2028, and the company is securing long-term financing for the transaction.

The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK14.00 price target. To see the full list of analyst forecasts on Norwegian Air Shuttle ASA stock, see the GB:0FGH Stock Forecast page.

More about Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA is an airline company that operates in the aviation industry, focusing on providing air travel services with a fleet of modern aircraft, including the Boeing 737 MAX. The company is committed to sustainability and operational efficiency, aiming to reduce emissions through the use of advanced technology.

Average Trading Volume: 10,043,049

Current Market Cap: NOK13.84B

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